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We're the Consumer Financial Protection Bureau (CFPB), a U.S. government agency that makes sure banks, lenders, and other financial companies treat you fairly.

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I received a notice from my card issuer telling me that they were closing my account and that I cannot use my credit card any more. Can they do that?

Most card issuers reserve the right to close an account at any time, and are permitted to do so under the law.

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